The independent, third party authenticator and grader of Vintage Concert Posters has led to exploding demand and record prices!
By now, everyone that reads this blog and is active in the collectibles marketplace knows about the CGC Rock Poster Revolution. To summarize, the demand for Vintage Concert Posters has exploded over the past 2 years due to the availability of unbiased third party authentication and grading by CGC.
What used to be a niche marketplace has been transformed into a highly sought after art form that is being widely recognized and displayed at the most important art museums across the United States. (See prior blog posts for further details.)
As every collector understands, the value of a collectible is directly proportionate to it’s rarity and state of preservation. CGC provides unbiased opinions on authentication, attribution, originality (many posters have professional restoration that is hard for all but experts to detect), and condition.
Not a day goes by in our office without someone asking for more information on the company making all this noise.
A recently published article on The Certified Collectibles Group (the parent company of CGC) provides some impressive information.
The company has been around for more than 30 years, has 275 employees in the U.S. and another 85 employees scattered at several offices around the world. They have authenticated and graded literally tens of millions of collectibles valued at many billion of dollars.
Clearly, this is a world class operation that has turned Vintage Concert Posters into a World Class marketplace! Collectors from other collectibles markets, that are used to the concept of independent third party authentication and grading, can now acquire vintage concert posters without worrying about detecting Original Printing versus Reprints, professional restoration, counterfeits, or condition.
This huge influx of collectors has created exploding demand that has overwhelmed the tiny available supply and has led to record prices that are occurring with increasing frequency.
To read the complete article, click here.